Bitcoin wallet in $293B lawsuit moves $3.1M in BTC
A Bitcoin address named in a New York lawsuit involving 39,069 allegedly abandoned addresses transferred 40 BTC on Sept. 3 after remaining inactive since Nov. 5, 2011. The transaction was confirmed in Bitcoin block 965,330. Galaxy Research valued the transfer at approximately $3.1 million and identified the sending address as “Noah Doe #38097,” linking it to the pending ownership lawsuit. ???? Awakened — dormant 14+ years 40.00 BTC ($3.09M) untouched since first received 2011-11-05 (14.8y ago) — just moved in block 965330 Address: 1AQWrGKnFTHrp1UBRPAk5YpXTvy93xgTfv Sender Attribution: Noah Doe #38097 Recipient: Unknown ???? Realized PnL: +$3.10M (+2,571,899% gain) -… — Galaxy Research (@glxyresearch) September 3, 2026 The transfer proves that someone controls the private key associated with the address. However, public blockchain data does not reveal that persons identity or establish whether the Bitcoin was sold. Bitcoin address moved funds after nearly 15 years Bitcoin traded near $3 when the wallet received its coins in November 2011. Galaxy calculated that their market value had increased by approximately 2,571,899% by the time of the latest transfer. That figure represents price appreciation rather than a confirmed realized gain. Moving Bitcoin between addresses does not prove a sale, and the receiving address has not been publicly linked to an exchange. Bitcoin was trading near $81,100 on Sept.









